Kin Long adopts Wolters Kluwer CCH Tagetik expert solution to meet financial consolidation and reporting needs
PR97733
NEW YORK, Sept. 12, 2022 /PRNewswire=KYODO JBN/ --
Wolters Kluwer, a global leader in professional information, software
solutions, and services, announced today that Kin Long has implemented CCH
Tagetik Financial Close & Consolidation software, to keep pace with evolving
accounting standards. Kin Long has selected EPM Venus as the implementation
partner for this project.
Kin Long is one of the largest suppliers of architectural fittings, exporting
its hardware to more than 100 countries worldwide. It offers innovative and
professional architectural hardware research, development, manufacturing, and
marketing services. The company's accelerated growth both domestically and
internationally, along with compliance and regulatory changes in China,
required Kin Long to evaluate its financial close and consolidation needs
carefully.
The CCH Tagetik expert solution supports Kin Long in achieving digital
transformation in the financial department by providing a comprehensive,
data-driven, and unified platform for financial & operational planning,
analytics, reporting, financial close, and regulatory compliance, providing
more data decision analysis for the finance team to support business
development.
"CCH Tagetik Financial Close & Consolidation software is a powerful solution
and has exceeded our expectations for consolidation requirements," said Huang
Ping, Head of Reporting, Kin Long. "The project was implemented very smoothly.
The EPM Venus team built an efficient system for financial data collection and
reporting and upgraded the front-end accounting system - which truly improved
the efficiency of financial reconciliation and consolidation. We look forward
to working with CCH Tagetik for a long time."
"We are delighted to collaborate with Kin Long," said Michael Chung, General
Manager of Greater China, CCH Tagetik at Wolters Kluwer. "CCH Tagetik empowers
our clients to unify and streamline financial close and consolidation,
integrate business planning and regulatory compliance through an intuitive
interface, built-in financial intelligence, and automated workflows to improve
team collaboration."
"We are honored to collaborate with Kin Long and to jointly carry out this
project using the CCH Tagetik Financial Close & Consolidation," said Eric Yan,
Project Manager, EPM Venus. "We look forward to continued partnership and
further facilitating digital financial transformation through CCH Tagetik's
intelligent platform."
About Wolters Kluwer
Wolters Kluwer (WKL) is a global leader in professional information, software
solutions, and services for healthcare, tax, and accounting, governance, risk
and compliance, legal and regulatory sectors. We help our customers make
critical decisions every day by providing expert solutions that combine deep
domain knowledge with advanced technology and services.
Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves
customers in over 180 countries, maintains operations in over 40 countries, and
employs approximately 19,800 people worldwide. The company is headquartered in
Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included
in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1
American Depositary Receipt (ADR) program. The ADRs are traded on the
over-the-counter market in the U.S.(WTKWY).
For more information, visit www.wolterskluwer.com, and follow us on Twitter,
Facebook, LinkedIn, and YouTube.
Media Contacts:
Beatriz Santin
CCH Tagetik
+1 339 229 2447 office
Beatriz.santin@wolterskluwer.com
JackieHyland
CCH Tagetik
+1 984 218 5410
office
Jackie.hyland@wolterskluwer.com
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SOURCE: Wolters Kluwer
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